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CLSA Rates Microsoft, Adobe 'Outperform' on July 21; Targets Microsoft $535, Adobe $300

2026-07-21 04:49:15

MSFT2.20%

ADBE-1.08%

ORCL-3.92%

CRM1.71%

NOW1.44%

According to CLSA, the brokerage assigned 'outperform' ratings to Microsoft and Adobe on July 21, with price targets of $535 and $300 respectively, while asserting that SaaS moats remain durable despite AI disruption concerns.

CLSA maintained 'hold' ratings on Oracle (target $145) and Salesforce (target $165), and assigned 'underperform' ratings to ServiceNow (target $72) and Workday (target $92). The firm cited entrenched competitive advantages across the sector, including workflows, databases, and domain expertise.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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